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Episode 86: The Power of Data: The Dashboard Effect and Business Intelligence Strategies
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İçerik Nestell & Associates and Dr. Jack G. Nestell tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan Nestell & Associates and Dr. Jack G. Nestell veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.
In this episode, we delve into how data-driven companies are revolutionizing their strategies by leveraging data for business growth. We explore the power of “The Dashboard Effect,” a transformative concept that uses business intelligence, real-time analytics, and performance metrics to fuel success.
Our guest, Jon Thompson a seasoned expert and founder of a leading business intelligence firm, shares valuable insights on how data-driven companies can foster a culture of ownership and strategic thinking. Designed to bring value to Private Equity Firms, their portfolio companies, and stakeholders involved in ERP Organizational Change, this episode offers practical advice on leveraging data for business growth, adopting data-driven strategies, harnessing the power of business dashboards (The Dashboard Effect), and leveraging industry-specific BI solutions to accelerate growth and improve decision-making across the organization.
The ERP Objective: Business Modeling Via Transactional Discipline
https://episodes.castos.com/5fc108e0462768-18027408/c7dee2da-d43c-4358-b5ef-3042db8caa95-Episode-86-Jon-Thompson.mp3Guest: Jon Thompson
Jon Thompson
Jon Thompson, author of The Dashboard Effect, is co-founder and Chief Strategy Officer at Blue Margin, Inc.
Jon and his brother, Brick Thompson, have founded several companies, including Vercuity, a data analytics firm that grew to over 500 employees and was backed by One Equity Partners.
Their current company, Blue Margin Inc., founded in 2011, helps private equity and mid-market companies quickly convert growth plans into automated dashboards, the short path to data-driven operations. Their mission is to accelerate clients’ growth through real-time visibility into performance metrics, promoting team alignment and accountability. Jon believes that “most business problems come down to poor visibility,” a message he delivers to corporate audiences, citing industry experts and best-practice case studies from over 250 clients. Jon offers concrete, practical steps for management teams who want to quickly mobilize data to drive growth.
Email: jon@bluemargin.com | Phone: 970.214.1652
Connect
Episode Mentions
Our book, The Dashboard Effect (let us know if you’d like a hard copy)
Host & Founding Partner of Nestell & Associates
Dr. Jack G. Nestell
Founding Partner | Nestell & Associates
Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients.
Episode Highlights Timeline
[05:34] Segment 1: The Dashboard Effect and Blue Margin1. Can you explain the concept of “The Dashboard Effect” and how it can help companies better harness their data?
2. How did you come up with the idea for Blue Margin, and what makes it unique in the field of business intelligence?
3. Can you walk us through Blue Margin’s proven process for helping mid-market companies become data-driven?
4. How do you adapt your solutions (or do you?) to different industries like, Healthcare, Manufacturing, Distribution, Commercial Services, and Legal?
[16:18] Segment 2: Building a Data-Driven Culture1> Do you think data intelligence is the next great differentiator in business, and would you say most companies are failing to capitalize on it?
2. When it comes to a data-driven culture, one thing is for certain, not all are created equal…..How can data-driven companies create a culture of ownership where each employee is empowered with the visibility into performance metrics needed to drive motivation and strategic thinking?
3. What are some common challenges you and your team has seen in companies trying to adopt a data-driven approach, and how can they overcome them?
4. Can you share a success story of a company that has transformed its operations and decision-making by leveraging “The Dashboard Effect”?
[27:40] Segment 3: The Dashboard Effect Book and Lessons Learned1. What inspired you to write the book, “The Dashboard Effect,” and what key takeaways can readers expect from it?
2. For companies considering implementing business intelligence solutions, what advice would you give them to ensure success?
Are you looking to harness your data effectively and drive growth?
At Nestell & Associates, we specialize in helping private equity firms and their portfolios leverage data-driven strategies. Don’t let your data assets go underutilized. Click below to learn how we can help you embrace the future of business intelligence.
Take action Now!Business Intelligence – Related Episodes
Episode 85: Harnessing AI for ERP Innovation: Balancing Growth, Ethics, and Governance with Guest Clara Durodie
Episode 84: Scaling Business Growth with Cloud ERP Solutions: Expert Insights with Guest Ralph Hess
Episode 50: Digital Transformation using Emerging Technologies with Guest Fawad Khan
Episode 14: The Value of Business Intelligence: Understanding and Measuring Operational Issues – Part Two with Guest Tim Van Miegham
Episode 13: The Value of Business Intelligence: Understanding and Measuring Operational Issues – Part One with Guest Tim Van Miegham
Episode 12: Business Intelligence and ERP Systems: A Conversation on Emerging Technology, Innovative Ideas, and Success Factors with Guest Daniel O’Leary
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About Nestell & Associates
Where People, Processes, and Technology AlignNestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success.
Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives.
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